GOLD 0.51% $1,391.7 gold futures

Yes they are smarter. Currently getting NY Fed liquidity...

  1. 12,259 Posts.
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    Yes they are smarter. Currently getting NY Fed liquidity injections into the overnight money market (the silent QE4 program) despite apparently holding +5 trillion in Federally "insured" deposits. Markets at record highs, asset bubbles all over the place. What are a few years in the scheme of things. Bubbles are bubbles, bailouts are bailouts, the next one is going to hurt.Esh
 
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